Why Many Retired Women Live in Poverty, By Melanie Hicken, May 13, 2014, CNN Money: “Gender inequality doesn’t end at the workplace. For many women, the gender gap haunts them well into their retirement years, when far more women find themselves living in poverty. In fact, women are almost twice as likely as men to live below the poverty line during retirement, with single and minority women struggling the most (see chart). On average, women 65 years and older rely on a median income of around $16,000 a year — roughly $11,000 less than men of the same age, according to a Congressional analysis of Census data. And many elderly women rely exclusively on Social Security benefits. . .”
Poverty-related issues in the news, from the Institute for Research on Poverty